- Latest week
- 29 May 2026
- Close
- 5.870000
- Fair value
- 5.459441
- Expectation
- Undecided 51.46%
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Summary
Key Points
- Week Ending
- 29 May 2026
- Latest Close
- 5.87
- 12-Week Change
- 9.72%
- Trend Signal
- Active
- Expectation
- Undecided 51.46%
- Signal Weeks
- 2 of 12
- Vs Trend Line
- Above
- Vs Fair Value
- Above
- Relative Strength
- 4.02
- Market Dynamics
- 1.50
Over the latest 12 completed weeks ending 2026-05-29, MEL rose 9.72%, moving from 5.35 to 5.87. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 2 of the last 12 weeks. Relative Strength is 4.02 and has improved across the 12-week window. Market Dynamics is 1.50 on the latest week. Expectation is undecided at 51.46%.